2022
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GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH
-12.1%CURRENT US$
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2022
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 GDP
$18.9BCURRENT US$
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2012-2022
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GDP GROWTH
50.3%CURRENT US$
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2022
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GDP PC 
$4,534CURRENT US$
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2012-2022
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GDP PC GROWTH
13.2%CURRENT US$
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2022
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GDP PC
$833CURRENT US$
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2012-2022
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GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Ukraine-Burkina Faso In 2022, Ukraine exported $16.3M to Burkina Faso. The main products that Ukraine exported to Burkina Faso are Hot-Rolled Iron Bars ($5.93M), Cold-Rolled Iron ($3.77M), and Planes, Helicopters, and/or Spacecraft ($1.09M). During the last 24 years the exports of Ukraine to Burkina Faso have increased at an annualized rate of 20.5%, from $183k in 1998 to $16.3M in 2022.

In 2022, Ukraine did not export any services to Burkina Faso.

Burkina Faso-Ukraine In 2022, Burkina Faso exported $888k to Ukraine. The main products that Burkina Faso exported to Ukraine were Refined Petroleum ($567k), Planes, Helicopters, and/or Spacecraft ($312k), and Other Processed Fruits and Nuts ($3.55k). During the last 24 years the exports of Burkina Faso to Ukraine have increased at an annualized rate of 31.4%, from $1.26k in 1998 to $888k in 2022.

In 2022, Burkina Faso did not export any services to Ukraine.

Comparison In 2022,  Ukraine ranked 43 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ukraine exported $16.3M to Burkina Faso. The main products exported from Ukraine to Burkina Faso were Hot-Rolled Iron Bars ($5.93M), Cold-Rolled Iron ($3.77M), and Planes, Helicopters, and/or Spacecraft ($1.09M). During the last 24 years the exports of Ukraine to Burkina Faso have increased at an annualized rate of 20.5%, from $183k in 1998 to $16.3M in 2022.

In 2022, Burkina Faso exported $888k to Ukraine. The main products exported from Burkina Faso to Ukraine were Refined Petroleum ($567k), Planes, Helicopters, and/or Spacecraft ($312k), and Other Processed Fruits and Nuts ($3.55k). During the last 20 years the exports of Burkina Faso to Ukraine have increased at an annualized rate of 31.4%, from $1.26k in 2002 to $888k in 2022.

Exports from Ukraine (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Ukraine (Flag) (2022)

Latest Data

Trade between Ukraine (Flag) and Burkina Faso (Flag)

Ukraine Exports

Burkina Faso Exports

Date

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Burkina Faso
Top Destination
Switzerland$6.08B

This map shows whether countries import more from Ukraine or Burkina Faso. Each country is colored based on the difference in imports they receive from Ukraine and Burkina Faso or the difference in the growth in imports.

In 2021, countries that imported more from Ukraine than Burkina Faso were Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2021, countries that imported more from Burkina Faso than Ukraine were Switzerland ($6.08B), Mali ($304M), and United Arab Emirates ($538M).

Difference in imports from Burkina Faso (Flag) and Ukraine (Flag) (2022)

Comparative Advantage Ukraine - Burkina Faso

Flow
Scale

This chart compares trade between Ukraine and Burkina Faso by product, considering products traded by both, Ukraine and Burkina Faso.

During 2022, Ukraine had a large net trade with Burkina Faso in the exports of Metals ($13M), Transportation ($1.17M), and Vegetable Products ($810k).

During 2022, Burkina Faso had a large net trade with Ukraine in the exports of Mineral Products ($567k), Transportation ($312k), and Foodstuffs ($3.55k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Ukraine has comparative advantage over Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over Ukraine.

Product Space of Ukraine (Flag) and Burkina Faso (Flag) (2022)

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